Smart Data Collective

AUGUST 26, 2021

Weather forecasting technology has grown from strength to strength in the last few decades. Instead, you’ve got access to a broad spectrum of valuable weather data right at your fingertips. These data-driven predictions also tend to be surprisingly accurate. That’s where data analytics steps into the picture.

Forecasting 131

Forecasting Data Analytics Analytics IoT 131

IBM Big Data Hub

JULY 26, 2023

Digital twin technology, an advancement stemming from the Industrial Internet of Things (IIoT), is reshaping the oil and gas landscape by helping providers streamline asset management, optimize performance and reduce operating costs and unplanned downtime. The use of digital twins is one such innovation.

Technology 55

Technology Cost-Benefit Optimization Internet of Things 55

Rocket-Powered Data Science

JULY 7, 2019

Definitions of terminology frequently seen and used in discussions of emerging digital technologies. AGI (Artificial General Intelligence): AI (Artificial Intelligence): Application of Machine Learning algorithms to robotics and machines (including bots), focused on taking actions based on sensory inputs (data). Career Relevance.

Internet of Things 157

Internet of Things Machine Learning Manufacturing IoT 157

Smart Data Collective

JUNE 26, 2019

Towards Data Science has already stated that Big Data is already influencing a handful of industries and while the insurance industry isn’t on the list, it stands to benefit a lot from utilizing Big Data to spot trends. Advanced Analytical Processes in Insurance. Insuring for the Twenty-First Century.

Insurance 94

Insurance Data Analytics Analytics IoT 94

Cloudera

SEPTEMBER 24, 2021

One of the most substantial big data workloads over the past fifteen years has been in the domain of telecom network analytics. The Dawn of Telco Big Data: 2007-2012. Suddenly, it was possible to build a data model of the network and create both a historical and predictive view of its behaviour.

Analytics 90

Analytics IoT Cost-Benefit Big Data 90

Smart Data Collective

MAY 21, 2021

New advances in data analytics and a wealth of outsourcing opportunities have contributed. Shrewd software developers are finding ways to integrate data analytics technology into their outsourcing strategies. Big data can play a surprisingly important role with the conception of your documents.

Software 100

Software Data Analytics Analytics Data mining 100

Smart Data Collective

NOVEMBER 25, 2019

More and more often, businesses are using data to drive their decisions — which makes cutting-edge analytics and business intelligence strategies one of the best advantages a company can have. New Avenues of Data Discovery. AI-Powered Big Data Technology. Predictive Business Analytics.

Business Intelligence 102

Business Intelligence Predictive Analytics Data Collection Internet of Things 102

Smart Data Collective

NOVEMBER 12, 2021

Big data technology has been instrumental in changing the direction of countless industries. Companies have found that data analytics and machine learning can help them in numerous ways. However, there are a lot of other benefits of big data that have not gotten as much attention. Here’s why.

Data-driven 105

Data-driven Cost-Benefit Data mining Big Data 105

Cloudera

AUGUST 18, 2021

The hard part is to turn aspiration into reality by creating an organization that is truly data-driven. technologies. For those models to produce meaningful outcomes, organizations need a well-defined data lifecycle management process that addresses the complexities of capturing, analyzing, and acting on data.

Data Lake 87

Data Lake IoT Internet of Things Data-driven 87

Cloudera

JANUARY 20, 2021

Most of what is written though has to do with the enabling technology platforms (cloud or edge or point solutions like data warehouses) or use cases that are driving these benefits (predictive analytics applied to preventive maintenance, financial institution’s fraud detection, or predictive health monitoring as examples) not the underlying data.

Digital Transformation 103

Digital Transformation Manufacturing Data Warehouse Predictive Analytics 103

Smart Data Collective

JUNE 16, 2022

However, the rapid technology change, the increasing demand for user-centric processes and the adoption of blockchain & IoT have all positioned business analytics (BA) as an integral component in an enterprise CoE. They are using analytics to help drive business growth. Extract Value From Customer.

Business Analytics 123

Business Analytics Analytics Forecasting Business Analysis 123

IBM Big Data Hub

FEBRUARY 23, 2024

Beyond the simplistic chat bubble of conversational AI lies a complex blend of technologies, with natural language processing (NLP) taking center stage. Predictive analytics integrates with NLP, ML and DL to enhance decision-making capabilities, extract insights, and use historical data to forecast future behavior, preferences and trends.

Enterprise 103

Enterprise Interactive Data-driven Key Performance Indicator 103

IBM Big Data Hub

JULY 27, 2023

More recently, these systems have integrated advanced technologies like Internet of Things (IoT), artificial intelligence (AI) and machine learning (ML) to enable predictive analytics and real-time monitoring. Trend #5: The rise of mobile EAM solutions Mobile technology is making EAM more accessible than ever.

Cost-Benefit 58

Cost-Benefit IoT Internet of Things Enterprise 58

IBM Big Data Hub

JUNE 29, 2023

This information is then used to build predictive models of an asset’s performance over time and help spot potential problems before they arise. One of the ways maintenance managers refine and improve predictive analytics to increase asset reliability is through the creation of a digital twin.

Cost-Benefit 84

Cost-Benefit Measurement Management Predictive Analytics 84

Smart Data Collective

MAY 20, 2019

We’re well past the point of realization that big data and advanced analytics solutions are valuable — just about everyone knows this by now. In fact, there’s no escaping the increasing reliance on such technologies. That’s equal to 44 zettabytes of data, or 44 trillion gigabytes. The Rise of Regulation.

Analytics 111

Analytics Machine Learning Business Intelligence Big Data 111

Smart Data Collective

JULY 17, 2019

Big data and artificial intelligence technology is going to play an extremely important role in the near future in the future of senior care. Fortunately, new AI technology could alleviate many of these concerns. New IOT devices will facilitate in-home senior care.

Cost-Benefit 83

Cost-Benefit Machine Learning Advertising Risk 83

Cloudera

AUGUST 3, 2021

Advanced analytics and enterprise data empower companies to not only have a completely transparent view of movement of materials and products within their line of sight, but also leverage data from their suppliers to have a holistic view 2-3 tiers deep in the supply chain. Digital Transformation is not without Risk.

Analytics 107

Analytics Digital Transformation Risk Forecasting 107

CIO Business Intelligence

FEBRUARY 14, 2023

Titanium Intelligent Solutions, a global SaaS IoT organization, even saved one customer over 15% in energy costs across 50 distribution centers , thanks in large part to AI. DataStax Real-time data and decisioning First, a few quick definitions. Real-time data involves a continuous flow of data in motion.

Data Strategy 113

Data Strategy Strategy Machine Learning Data-driven 113

datapine

NOVEMBER 19, 2019

In this post, we’re going to give you the 10 IT & technology buzzwords you won’t be able to avoid in 2020 so that you can stay poised to take advantage of market opportunities and new conversations alike. Exclusive Bonus Content: Download our Top 10 Technology Buzzwords!

Technology 279

Technology Internet of Things IT IoT 279

IBM Big Data Hub

JUNE 14, 2023

Smart manufacturing (SM)—the use of advanced, highly integrated technologies in manufacturing processes—is revolutionizing how companies operate. Smart manufacturing, as part of the digital transformation of Industry 4.0 , deploys a combination of emerging technologies and diagnostic tools (e.g.,

Manufacturing 75

Manufacturing Technology Internet of Things Cost-Benefit 75

CIO Business Intelligence

OCTOBER 18, 2023

German healthcare company Fresenius Medical Care, which specializes in providing kidney dialysis services, is using a combination of near real-time IoT data and clinical data to predict one of the most common complications of the procedure. CIO 100, Digital Transformation, Healthcare Industry, Predictive Analytics

Predictive Analytics 133

Predictive Analytics Analytics Machine Learning Digital Transformation 133

Cloudera

SEPTEMBER 12, 2018

Last night we kicked it off with the sixth annual Data Impact Awards Celebration. These awards recognize organizations that transform complex data into actionable insights and illustrate impact to technology, science, health, lifestyle, and community across a wide variety of industries. Technical Impact. Special Impact.

Machine Learning 44

Machine Learning Big Data Data Science Data Warehouse 44

Cloudera

FEBRUARY 19, 2018

But when companies are looking towards new technologies such as data lakes, machine learning or predictive analytics, SAP alone is just not enough. To keep up with tech trends, businesses have to face the challenges of integrating SAP with non-SAP technologies and embark on a crusade against data silos.

Data Lake 46

Data Lake Finance Data Governance Big Data 46

BizAcuity

MARCH 31, 2022

The widespread adoption of AI technology is fueled by 3 major challenges that businesses have been facing since the last decade. By 2025, 80% of organizations seeking to scale digital business will fail because they do not take a modern approach to data and analytics governance. AI for Business. Uncertain economic conditions.

Data Analytics 52

Data Analytics Analytics Prescriptive Analytics Predictive Analytics 52

BizAcuity

JUNE 3, 2022

Current trends show retailers experimenting with emerging technologies like Predictive Analytics and IoT. The use of predictive analytics for demand forecasting has been trending for the past few years. The future of retailing: Big Data Analytics for omnichannel retail and logistics.

Data Analytics 59

Data Analytics Analytics Forecasting Predictive Analytics 59

IBM Big Data Hub

SEPTEMBER 11, 2023

enhances data management through automated insights generation, self-tuning performance optimization and predictive analytics. Db2 Universal Container (also known as Db2u) is a containerization technology based on microservices architecture. is a proven, versatile, and AI-ready solution.

Machine Learning 89

Machine Learning Cost-Benefit IoT Data Warehouse 89

Rocket-Powered Data Science

OCTOBER 6, 2023

Using the same statistical terminology, the conditional probability P(Y|X) (the probability of Y occurring, given the presence of precondition X) is an expression of predictive analytics. By exploring and analyzing the business data, analysts and data scientists can search for and uncover such predictive relationships.

Business Analytics 157

Business Analytics Prescriptive Analytics Analytics Diagnostic Analytics 157

datapine

NOVEMBER 27, 2019

Since humans process visual data better , the data discovery trend will find increment as one of the most important BI trends in 2020. However, businesses today want to go further and predictive analytics is another trend to be closely monitored. It’s an extension of data mining which refers only to past data.

Business Intelligence 361

Business Intelligence Analytics Prescriptive Analytics Data Quality 361